About Dena Bank

Dena Bank is an Indian commercial bank with its headquarters in Mumbai. The bank was founded by the Devkaran Nanjee family on the 26th of May, 1938. Further, the bank became nationalized by the Government of India along with 13 other commercial banks in the year 1969. Dena Bank was one of the public sector banks chosen amongst six other banks by the World Bank in the year 1995 for disseminating a loan of ₹72.3 Crores under Financial Sector Development project. The bank has few branches in Ghaziabad, one of the National Capital Region. The city is famous for its large and planned industrial regions which house the leading commercial, industrial and educational center of western U.P. The credit of rising prosperity of Ghaziabad rests on the banking sector along with Dena Bank for their timely provision of finance facility to satiate different customers needs. The staff of Dena Bank Ghaziabad is recognized for their immense contribution to the development of the city. Dena Bank hosts regular banking services to its customers which includes Personal Banking Services including Deposit, Loan and Investment Services, Small and Medium Enterprises(SME) services and a host of other premier services. Dena Bank has maintained a cutting-edge technological infrastructure with state-of- the art IT innovation and implementation of solutions at its branches including Ghaziabad and back-end.

Branch Addresses of Dena Bank in Ghaziabad

[table “2231nbspresponsivescroll” not found /]

Products Offered by Dena Bank in Ghaziabad

Product

Eligibility

Loan Amount

Interest Rate

Processing Fee

Tenure

Home Loan

(1) Need to be a major individual, resident or non-resident, having a regular source of income(2) Your age at the time of loan maturity is less than the retirement age if you are a salaried employee and below 65 years, if you have a business

(3) The total deductions do not exceed 60% of your gross income, including the loan installment of the proposed loan

Up to Rs.200 lakhs for the purchase/construction of a house. Up to Rs.10 lakhs for renovation/upgradation.

8.30% - 8.45%

0.50% of the sanctioned limit

Upto 30 years for the purchase of a new flat/house/contruction/extensionUpto 10 years for the repairs, renovation and upgradation

Personal Loan

1. Need to be a permanent employee between 24 to 55 years and have a work experience for atleast 2 years in a Govt. Or PSU/reputed organization

2. Need to have a gross monthly income of atleast ₹15,000/-

(3) Need to have a salary disbursement arrangement with Dena Bank or provide an undertaking from your employer

Two Wheeler: ₹ 250/-(Plus service tax as applicable from time to time)

For Car Loan : ₹ 500 irrespective of loan amount (Plus service tax as applicable from time to time)

Maximum upto 7 years for new vehicle.

2nd hand four-wheeler(upto 3 year old)-Maximum upto3 years

Business Loan

Applicable for whole time practitioners such as Chartered Accountants, Company Secretary and Chartered Financial Analyst, not employed anywhere else but should be an income tax assessee for last two years

For Doctor+

Need to be registered medical practitioner having indiviual/partnership firms, age should be over 25 years but less than 65 years at loan maturity, applicant should not be a defaulter of any Bank/FI

For CA, CS and CFA

Minimum : ₹ 2 lakhs

Upto ₹ 100 lakhs (With a maximium of 20 % by way of Working Capital)

For Doctor+

Maximum of ₹ 2.00 crores of which a sub-ceiling for Working Capital limits at 10% of total loan amount.

For CA, CS and CFA

For loans repayable in more than 3 years : 10.05%-10.55%

For Working Capital Limits

10.05%

For Women Borrowers, 0.25% concession in Rate of Interest

For Doctor +

10.05%-10.55%

For CA, CS and CFA

0.50% of the loan amount

For Doctor+

0.50% of the loan amount Minimum : ₹ 500/-

Maximum : ₹ 50,000/-

For CA, CS and CFA

Upto 10 years

For Doctor+

Upto 7 years

Loan Against Property

Need to be 21 years of age, eligible to salaried individual, professional, self-employed, agriculturist, need to be an income tax assesee for atleast 2 years, need to have net-monthly income of ₹ 12,000

Proof of Income: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹ 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR

Copy of the Trust Deed Copy of the registration certificate Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account Photographs of the members operating the accountAssociations/Clubs

By-laws of the Association Copy of the Resolution by the board authorizing the members concerned to open and operate the account Photographs of the members operating the account

Partnership FirmPartnership Deed Letter from partners approving the persons concerned to open and operate the account Photographs of the persons operating the account

Public or Private Limited CompaniesBoard Resolution / Authority LetterMemorandum & Articles of AssociationCertificate of IncorporationCertificate of Commencement of Business (Public Limited Company)Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROCGoverning Act / Rules and Regulations(PSUs) (certified true copy)

Disclaimer: The word ‘wish’ in the context of Wishfin.com is to be understood as an expression of desire or aspiration by the user, and not as a promise of fulfillment by Wishfin. We do not provide loans on our own, but merely ensure that your information is sent to the bank you have opted for. Wishfin has no sales team of its own. We just help you compare loans. We do not guarantee any loans as the loans are sanctioned by Banks and Nbfcs as per their discretion and decision. Read More